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Money

SEC says much to be done to protect crypto investors

Cryptocurrency assets are highly speculative and investors in them need more protections or they could lose trust in the markets, Gary Gensler, chair of...

New York state factory activity slumps in May

Factory activity in New York state slumped in May for the second time this year amid a collapse in new orders and shipments, and...

Companies begin selling their businesses in Russia

Some Western companies have agreed to sell their Russian assets or hand them over to local managers as they scramble to comply with sanctions...

World wheat supply set to worsen into 2023

Despite global wheat prices trading at record highs for the time of year, market participants may have been too optimistic on the supply outlook...

U.S. travel companies spend big to lure in travelers seeking sun and sand

U.S. travel booking firms are spending heavily on marketing to get more people to book flights and accommodation on their apps and websites as...

Traders ready for wilder swings as rate rises stoke volatility

Traders in the world's largest markets are having to navigate wild intra-day swings and shrinking deal sizes as central banks rapidly withdraw stimulus measures,...

Bitcoin eyes record losing streak as ‘stablecoin’ collapse crushes crypto

Cryptocurrencies nursed large losses on Friday, with bitcoin pinned below $30,000 and set for a record losing streak as the collapse of TerraUSD, a...

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